WEST CHESTER, Pa. – PrimePay will acquire IOI\u2019s existing client base, employees, intellectual property, and a portion of physical property.<\/p>\n
PrimePay, LLC announced today that it completed the acquisition of the assets of Interlogic Outsourcing, Inc. (IOI).<\/p>\n
Based in Elkhart, Ind., IOI provides online payroll and human resources services to its clients across the nation. The asset acquisition was permitted by the U.S. Bankruptcy Court following IOI\u2019s August 2019, bankruptcy filing.<\/p>\n
Along with the existing client base and employees, PrimePay will also be acquiring the organization\u2019s intellectual property and a portion of its physical property.<\/p>\n
\u201cWe are excited to bring renewed energy, stability and opportunity to IOI\u2019s loyal clients and dedicated employees,\u201d said PrimePay CEO Bill Pellicano. \u201cBy joining a nationwide family, employees have an opportunity to grow and continue building their careers. For clients, we will be bolstering the high-quality service they\u2019ve come to expect while offering to them valuable resources and an additional suite of services. And for the Elkhart business community, we are looking forward to joining you.\u201d<\/p>\n
With this acquisition, PrimePay will provide welcoming onboarding services to new clients to ensure a smooth transition.<\/p>\n
\u201cWe work diligently to be a reputable, dependable partner whom business owners can trust. We understand that there have been challenges with IOIPay\u2019s ownership, and it is our promise to guide their clients through this transition as easily as possible, and to develop a longstanding relationship,\u201d said Pellicano.<\/p>\n
Pellicano and other members of the PrimePay team have been meeting with IOI employees to embrace them and introduce them to PrimePay\u2019s culture, policies and processes.<\/p>\n